Centuri Holdings, Inc. $CTRI Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in Centuri Holdings, Inc. (NYSE:CTRI) by 798.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 90,811 shares of the company’s stock after acquiring an additional 80,703 shares during the period. Quantinno Capital Management LP’s holdings in Centuri were worth $2,653,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State of Wyoming grew its stake in shares of Centuri by 5.0% during the 1st quarter. State of Wyoming now owns 15,880 shares of the company’s stock valued at $464,000 after buying an additional 752 shares during the period. JPMorgan Chase & Co. lifted its holdings in Centuri by 6.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,673 shares of the company’s stock worth $329,000 after buying an additional 890 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Centuri by 7.0% during the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 20,461 shares of the company’s stock worth $517,000 after acquiring an additional 1,337 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Centuri by 5.9% in the fourth quarter. Arizona State Retirement System now owns 25,041 shares of the company’s stock worth $632,000 after acquiring an additional 1,400 shares in the last quarter. Finally, CWM LLC boosted its holdings in Centuri by 59.7% in the fourth quarter. CWM LLC now owns 4,045 shares of the company’s stock valued at $102,000 after purchasing an additional 1,512 shares during the last quarter.

Centuri Trading Up 0.1%

Shares of NYSE:CTRI opened at $23.86 on Monday. The company has a 50 day moving average of $28.15 and a 200-day moving average of $30.05. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.81. The firm has a market cap of $2.41 billion, a P/E ratio of 76.98, a P/E/G ratio of 0.79 and a beta of 1.10. Centuri Holdings, Inc. has a twelve month low of $19.04 and a twelve month high of $42.99.

Centuri (NYSE:CTRI) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. Centuri had a return on equity of 5.85% and a net margin of 0.86%.The company had revenue of $959.53 million for the quarter, compared to the consensus estimate of $835.99 million. During the same quarter in the previous year, the business earned $0.19 EPS. The company’s quarterly revenue was up 32.9% compared to the same quarter last year. As a group, analysts anticipate that Centuri Holdings, Inc. will post 0.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price objective on Centuri from $26.00 to $29.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Wells Fargo & Company reduced their target price on Centuri from $37.00 to $29.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Cantor Fitzgerald dropped their target price on shares of Centuri from $46.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Wall Street Zen lowered Centuri from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, Robert W. Baird set a $33.00 target price on shares of Centuri in a report on Wednesday. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $32.40.

About Centuri

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.